Sanmina Misses Q3 Earnings and Revenue Estimates
SANM Stock | USD 78.84 0.57 0.72% |
About 54% of Sanmina's investor base is interested to short. The analysis of overall sentiment of trading Sanmina stock suggests that many investors are impartial at this time. Sanmina's investing sentiment overview a quick insight into current market opportunities from investing in Sanmina. Many technical investors use Sanmina stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Sanmina |
Sanmina delivered earnings and revenue surprises of -3.85 percent and 0.19, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock
Read at finance.yahoo.com
Sanmina Current Investor Sentiment
Panic Vs Confidence
46
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Sanmina's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Sanmina.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Sanmina Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Sanmina can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Sanmina Historical Investor Sentiment
Investor biases related to Sanmina's public news can be used to forecast risks associated with an investment in Sanmina. The trend in average sentiment can be used to explain how an investor holding Sanmina can time the market purely based on public headlines and social activities around Sanmina. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sanmina's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sanmina and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Sanmina news discussions. The higher the estimate score, the more favorable the investor's outlook on Sanmina.
Sanmina Fundamental Analysis
We analyze Sanmina's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sanmina using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sanmina based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Sanmina is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Sanmina Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sanmina stock to make a market-neutral strategy. Peer analysis of Sanmina could also be used in its relative valuation, which is a method of valuing Sanmina by comparing valuation metrics with similar companies.
Peers
Sanmina Related Equities
OSIS | OSI Systems | 2.47 | ||||
JBL | Jabil Circuit | 2.20 | ||||
CTS | CTS | 2.17 | ||||
MEI | Methode Electronics | 2.10 | ||||
BHE | Benchmark Electronics | 0.62 | ||||
BELFA | Bel Fuse | 0.13 | ||||
PLXS | Plexus Corp | 0.38 | ||||
FLEX | Flex | 0.56 | ||||
FN | Fabrinet | 0.78 | ||||
APH | Amphenol | 1.35 | ||||
CLS | Celestica | 3.99 |
Check out Sanmina Hype Analysis, Sanmina Correlation and Sanmina Performance. To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sanmina. If investors know Sanmina will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sanmina listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.05 | Earnings Share 3.91 | Revenue Per Share 136.141 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0451 |
The market value of Sanmina is measured differently than its book value, which is the value of Sanmina that is recorded on the company's balance sheet. Investors also form their own opinion of Sanmina's value that differs from its market value or its book value, called intrinsic value, which is Sanmina's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sanmina's market value can be influenced by many factors that don't directly affect Sanmina's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sanmina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanmina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanmina's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.